Political Economy and Political Philosophy Share a Source: Scarcity
Hans Hoppe’s famous “argumentation ethics” has generated a great deal of attention among libertarians, and deservedly so. Has Hoppe produced an ironclad demonstration that people have libertarian rights? I don’t propose to contribute to that discussion on this occasion. Rather,
Biden’s Economic Team Predicts Long-Term Slow Growth
Stagnation is real, but it isn’t “secular”—that is, sluggish growth doesn’t have to happen. The coming stagnation isn’t foreordained; it is simply the inevitable outcome of a progressive agenda that disdains free enterprise. Original Article: "Biden's Economic Team Predicts Long-Term Slow
Industrialization Is the Antidote to Global Poverty. Global Warming Activists Don’t Care.
Having long ago lost the argument that capitalism can't deliver a higher standard of living, the Left's current anti-capitalist strategy is to claim capitalism requires environmental destruction. Yet even if one were to assume carbon emissions are the driving factor behind
Two-Child Policy: An Insight and Implications
When the chief minister of Assam announced on 19th June 2021, that the two-child policy would be soon implemented in the state for availing certain benefits of government schemes, this policy again became debatable in the public forum. The law
There’s a New “Study” Showing 26% of Americans Are Right-Wing Authoritarians. There’s Nothing Scientific about It.
The cognitive dissonance of American academia and journalism is on full display in this survey. Original Article: "There's a New "Study" Showing 26% of Americans Are Right-Wing Authoritarians. There's Nothing Scientific about It." This Audio Mises Wire is generously sponsored by Christopher
What Is the Purpose of the Economy? Carl Menger Explains.
This second part of the series about the Principles of Economics treats Menger’s exposition of the economy. In continuation of the first part, which covered the general concept of goods, the part on the economy treats the role of economic goods in
An “Open Mind” Is of No Use When It’s Open to Lies
Countless Americans have been repeatedly told to “follow the science,” supposedly to prove they are not obstinately closed-minded. But the main purpose of it all was just to open people’s minds to what government bureaucrats wanted. Original Article: "An "Open Mind"
Investors Are on the Lookout for a Crash. But Prices Keep Going Up.
An insider confided to a friend that all he is doing right now is transaction work for real estate holders who are selling now before the market crashes. His clients, members of Sin City’s illuminati, once bitten by the ‘08
The Black Swan: a Book Review
Nassim Nicholas Taleb (henceforth referred to as NNT) identifies ‘Black Swan’ as an event possessing the following three characteristics:-An outlier, an event that lies outside the realm of regular expectations.-An event that carries an extreme impact.-In spite of its status
Fannie and Freddie Are Just Government Agencies. They’re Likely to Stay That Way.
Fannie and Freddie were long quasi-government corporations that typified the corrupt union between the feds and corporate America. But now it looks like both companies are just full-on government corporations. Original Article: "Fannie and Freddie Are Just Government Agencies. They're Likely